Five factors for business success – are you focusing on the most important?

Will your business be successful?

Idea. Team. Business Model. Funding. Timing.

Which of these five factors is the most important in determining company success?

Bill Gross, founder of Idealab, which helps grow new inventions, ideas, and businesses, studied 200 different businesses and measured their success based on these five factors. Watch his TED Talk as he reveals what he discovered to be the biggest factor for business success.

Do you agree with Bill Gross’s findings?

Which factor do you think is most important for your own business’s success?

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